NOT LISTED FOR SALE

721 Timber Ridge Trail SW Unit A Vero Beach, FL 32962

Florida Ridge Neighborhood

Estimated Value: $215,053 - $233,000

2 Beds
2 Baths
1,368 Sq Ft
7 Acres

Last Sold September 11, 2020

Last sale price $129,000 $94 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,418/month

76 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • 1 Fireplace
  • Vero Beach High School Rated A-
  • Hydromassage or Jetted Bathtub
  • Screened Patio

About This Home

As of September 2020

Accepting back ups property being sold as-is.Privacy and waterfront! 2/2 condo with den that could be converted to 3rd bedroom. Large living room w/fireplace, kitchen w/dining area all enjoying that beautiful view. Large master bedroom w/walk-in closet and jetted tub. Private screened patio that backs up to canal for extra living space or entertaining. Tennis/fitness/pool w/membership

Last Agent to Sell the Property

Ann Grosskopf

Atlantic Shores ERA Powered License #3342724 Listed on: 05/27/2020

Last Buyer's Agent

Ann Grosskopf

Atlantic Shores ERA Powered License #3342724 Listed on: 05/27/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $567

Year Built

  • Built in 1987

Lot Details

  • Home fronts a pond
  • Lake Front
  • South Facing Home

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Sliding Windows
  • Lake Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Additional Parking
  • Uncovered Parking
  • Assigned Parking

Additional Features

  • Solar Water Heater
  • Screened Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 33392400012020400001.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, pest control, reserve fund, roof, sewer, trash
  • Timber Ridge Village Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$567

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 0
  • Ownership: Condo
  • Subdivision Name: Timber Ridge Village
  • Directions: Oslo to Timber Ridge 1st stop sign turn left into Village 1 go all the way to end. Park in spaces 721 walk around back to front door through screened porch. Condo in back of building
  • Architectural Style: One Story
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 1987
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-228-2111
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Range, Refrigerator, Solar Hot Water, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Bathtub, Jetted Tub
  • Living Area: 1368.0
  • Stories: 1
  • Window Features: None, Sliding

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: South
  • Patio And Porch Features: Patio, Screened
  • Roof: Shingle

Garage/Parking

  • Parking Features: Additional Parking, Assigned, Two Spaces, Uncovered

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 336.0
  • Association Name: N/A
  • Pets Allowed: Yes, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Reserve Fund, Roof, Sewer, Trash

Lot Info

  • Parcel #: 33392400012020400001.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 567.0
  • Tax Lot: 0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Sep 11, 2020
Sold by
Kraatz Larry A and Singer Cathi
Bought by
Nall Robert C and Nall Katherine L
Seller's Agent
Ann Grosskopf
Atlantic Shores ERA Powered
Buyer's Agent
Ann Grosskopf
Atlantic Shores ERA Powered
List Price
$149,900
Sold Price
$129,000
Premium/Discount to List
-$20,900
-13.94%
Current Estimated Value
$220,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,293
Avg. Annual Appreciation
11.86%
Original Mortgage
$103,200
Outstanding Balance
$92,875
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$130,745

Purchase Details

Closed on
Apr 30, 2010
Sold by
Golden Edward M
Bought by
Kraatz Larry A and Singer Cathi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2008
Sold by
Drndak Barbara
Bought by
Golden Edward M

Purchase Details

Closed on
Aug 7, 2002
Sold by
Hanscome Patricia B
Bought by
Robinson Barbara

Purchase Details

Closed on
Aug 6, 2002
Sold by
Hanscome Anthony L
Bought by
Hanscome Patricia B
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nall Robert C $129,000 Oceanside Title & Escrow
Kraatz Larry A $89,900 Elite Title Of The Treasure
Golden Edward M $162,000 Treasure Coast Title Agency
Robinson Barbara $103,000 --
Hanscome Patricia B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nall Robert C $103,200
Previous Owner Kraatz Larry A $25,000
Previous Owner Kraatz Larry A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $129,000 -13.9% $94 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $149,900 -- $110 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,546 $197,695 -- $197,695
2023 $2,546 $157,927 $0 $0
2022 $2,208 $157,601 $0 $157,601
2021 $1,999 $130,518 $0 $130,518
2020 $1,176 $98,272 $0 $0
2019 $567 $64,542 $0 $0
2018 $564 $63,339 $0 $0
2017 $559 $62,036 $0 $0
2016 $554 $60,760 $0 $0
2015 $573 $60,340 $0 $0
2014 $548 $59,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 232744

APN: 33-39-24-00012-0204-00001.0